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and one of the other key players is mitch mcconnell. what is the dynamic there do you think? >> i think the president, first time i'm talking about the mutual background on capitol hill, the president may be at a point where he has gotten obama care, which is clearly now not going to be repealed, he has created a bigger government in the direction he wants to go in. and he may want to consolidate and having lived through two solid years of not getting anything done, he may decide he doesn't want to spend four years. the odds are very high the republicans will keep the house in 2014. does he really want four years of gridlock or does he want to take a big step, which is a gamble, open the door, sit down and have genuine conversations? and frankly, as he appoints some new cabinet officers, find some republicans that could serve in the cabinet, in a serious way, that would join ray la hood. he has really been sort of isolated as the secretary of transportation. >> we've seen some comments from both sides and yes we want to try to come up with an agreement, we want to try to exte
and one of the other key players is mitch mcconnell. what is the dynamic there do you think? >> i think the president, first time i'm talking about the mutual background on capitol hill, the president may be at a point where he has gotten obama care, which is clearly now not going to be repealed, he has created a bigger government in the direction he wants to go in. and he may want to consolidate and having lived through two solid years of not getting anything done, he may decide he...
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Nov 12, 2012
11/12
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what about nancy pelosi, harry reid, mitch mcconnell? in 2011 it was basically boehner and obama, this time there might be a few more lawmakers who want in on this deal. jenna: the president's going to be sitting down with leaders later on this week. let's talk about style versus substance, something we talked about a lot with the election. i was reading comments from the ceo of at&t today, also the senior economist from bank of america who say, listen, if they'd reach an agreement, great. but if between now and then and the disagreements look really big and bad, that's going to damage this economy because it just shatters any consumer confidence going into the holiday season. >> yes. jenna: so, ultimately, they could find a solution, but damage will already be done. what dueck about that, bob? what do you think about the style to all this as well? >> that's why -- and i agree with that, they're going to need a deal by mid december because it's going to shatter consumer confidence, and the stock market's going to play a big role here. we
what about nancy pelosi, harry reid, mitch mcconnell? in 2011 it was basically boehner and obama, this time there might be a few more lawmakers who want in on this deal. jenna: the president's going to be sitting down with leaders later on this week. let's talk about style versus substance, something we talked about a lot with the election. i was reading comments from the ceo of at&t today, also the senior economist from bank of america who say, listen, if they'd reach an agreement, great....
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Nov 16, 2012
11/12
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he meets with harry reid, mitch mcconnell, john boehner and in an say palau and i. in an say pelosi. speaking on on thursday, simpson and bowles said washington hasn't been able to resolve the fiscal cliff because lawmakers haven't been focused on what's right for the country. >> leaders think it would be to their advantage to go off the fiscal cliff. what a wonderful trait that is, that we can win more as democrats if we let it go or more as complains. people are sick of that and they're ashamed of it. >> if we do get our house in order, future of america is really bright. if we don't, we're well on our way it to becoming a second rate power. >> bowles sees a one third chan of a deal during the lame duck session of congress. a one third chance nothing gets done and the economy moves into chaos. let's hear in michael gurhka. the economy moving in to chaos, is that why we're seeing this market action? >> i'm not surprised because on the equity side, it's always about confidence and right now a lot of politicians have not given the market any confidence whatsoever. so
he meets with harry reid, mitch mcconnell, john boehner and in an say palau and i. in an say pelosi. speaking on on thursday, simpson and bowles said washington hasn't been able to resolve the fiscal cliff because lawmakers haven't been focused on what's right for the country. >> leaders think it would be to their advantage to go off the fiscal cliff. what a wonderful trait that is, that we can win more as democrats if we let it go or more as complains. people are sick of that and they're...
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Nov 12, 2012
11/12
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john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases the top tax rate from 15 to 20%. meeting friday at the white house. back to you. lori: we know you will be there, rich. thank you. melissa: the president calling on congressional leaders to work together. congress has a voter mandate not to raise taxes. joining us now is steve moore from the "wall street journal." thank you for hopping on the phone to talk to us. i am really interested in the interview that you did. he said over the weekend "let me put it very clearly, i am not willing to turn off taxes for the sequester." >> one of the things that came through in my
john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases...
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Nov 11, 2012
11/12
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mcconnell. she has taken an active role in president obama's campaign. >>> justin bieber and selena gomez have split saying that their schedule made it hard to date. >>> teachers say this dance was also about raising the learning curb. beth parker has the story. >> reporter: one minute, it is a sidewalk. the next minute, a stage. ♪ >> my heart was beating real fast. and i felt nervous a little bit. ♪ under the moonlight >> when i'm on the dance floor, the dance floor just kind of speaks to me. ♪ because this is thriller >> reporter: a two-minute flash mob right in front of the national portrait gallery. they are students from d.c.'s savoy elementary school in southeast but, on this day, they're -- >> just like michael johnson. >> a teacher directed from on torch an suv. >> i want to teach them that they can go to wherever i want to go. >> reporter: savoy was traditionally a low performing school but they were celebritiesed by the president' commission on arts to get art supplies, instrumen
mcconnell. she has taken an active role in president obama's campaign. >>> justin bieber and selena gomez have split saying that their schedule made it hard to date. >>> teachers say this dance was also about raising the learning curb. beth parker has the story. >> reporter: one minute, it is a sidewalk. the next minute, a stage. ♪ >> my heart was beating real fast. and i felt nervous a little bit. ♪ under the moonlight >> when i'm on the dance floor, the...
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Nov 13, 2012
11/12
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i mean, mitch mcconnell is such a talented politician really. he's so smart, and in my opinion, i think he's done everything that he could possibly do to prevent someone from having any -- even if someone wanted to challenge him from the right, i think he's done about as much as he could possibly do to keep them at bay. >> the other, of course, the other aspect of leadership transition in congress will be changes on the committees. your handy guide will offer lots of details. but i think it's worth -- and we should probably devote some of this to the question and answer period, and i hope you won't feel limited in trying to play stump the band with the three of us and ask us some complicated questions about on secure subcommittees -- obscure subcommittees, and we'll do our best. but in general the macro view of these committee chairmanships, way back in 1994 when they came out of the minority for the first time in 40 years, one of their first so-called reforms was to impose six-year term limits on all their committee chairmen. they felt the old
i mean, mitch mcconnell is such a talented politician really. he's so smart, and in my opinion, i think he's done everything that he could possibly do to prevent someone from having any -- even if someone wanted to challenge him from the right, i think he's done about as much as he could possibly do to keep them at bay. >> the other, of course, the other aspect of leadership transition in congress will be changes on the committees. your handy guide will offer lots of details. but i think...
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Nov 16, 2012
11/12
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mcconnell from the senate there. as we heard in the last statements, the last two people to take the microphones, nancy pelosi talking about her optimism and confidence out of the meeting today but most importantly there mitch mcconnell bringing up the fact that revenue is on the table and that these were constructive talks. however, bringing up the point that they need to take on entitlement programs and look at those just as fiercely as well as they're looking at tax revenue. we're back with much more right after this. oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. some people put everything intotheir name on the door, and their heart into their community. small business saturday is a day to show our support. a day to shop at stores owned by o
mcconnell from the senate there. as we heard in the last statements, the last two people to take the microphones, nancy pelosi talking about her optimism and confidence out of the meeting today but most importantly there mitch mcconnell bringing up the fact that revenue is on the table and that these were constructive talks. however, bringing up the point that they need to take on entitlement programs and look at those just as fiercely as well as they're looking at tax revenue. we're back with...
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Nov 8, 2012
11/12
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>> and another seat in 2014, mitch mcconnell's seat. whether in the primary or the general election, he is really concerned. he has been raising some the like a million dollars a quarter in the off-year for the last year-and-a-half or so. he hired rand paul's campaign manager. he is seriously preparing for the contest. >> he made the comment to our colleague, major garrett, that our top priority is stopping barack obama. and they did it, and congressional approval rating went on to historic lows. talking about statements being made when television cameras are on, one thing about this polarization that we have where all we do is we only watch msnbc or with only watch fox and we only talk to people that we want to hear from, you begin to adopt this alternative reality. everybody is talking to you about the fact that when women are raped they cannot really get pregnant and you tend to believe it. and the rest of the world says, are you out of your mind? eventually, that will become a risk for democrats as well. >> and by the way, there is
>> and another seat in 2014, mitch mcconnell's seat. whether in the primary or the general election, he is really concerned. he has been raising some the like a million dollars a quarter in the off-year for the last year-and-a-half or so. he hired rand paul's campaign manager. he is seriously preparing for the contest. >> he made the comment to our colleague, major garrett, that our top priority is stopping barack obama. and they did it, and congressional approval rating went on to...
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Nov 16, 2012
11/12
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john boehner, mitch mcconnell saying they want the bush tax cuts for everyone. joe, will they have to bend on that? isn't that really the issue? will they bend on the republican side? >> the republicans are going to have to bend. we have to get this done. we've only got 46 days before the -- before we would fall off this fiscal cliff and to fall off the cliff would mean 3.9% hit for gdp next year. we can't afford that because that would potentially throw us into another recession. we want to avoid that at all costs. the big issue i think for most people would be taxes. most people -- and governor rendell said, well, it's not just a matter of tax increases on the wealthiest americans but it's a host of spending challenges that we face across the board that would impact millions of people and certainly impact us in a huge way. i think republicans have to bend. republicans are going to be looking at of course cuts in spending and cuts in entitlements as well as the possibility of new revenue and i think they're very open to this. i think some republicans will push
john boehner, mitch mcconnell saying they want the bush tax cuts for everyone. joe, will they have to bend on that? isn't that really the issue? will they bend on the republican side? >> the republicans are going to have to bend. we have to get this done. we've only got 46 days before the -- before we would fall off this fiscal cliff and to fall off the cliff would mean 3.9% hit for gdp next year. we can't afford that because that would potentially throw us into another recession. we want...
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Nov 9, 2012
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i wonder if mitch mcconnell's approach was the right approach because that approach didn't work. that's my point here. and the question is, is mcconnell going to change his approach in negotiating and in dealing with the president and in dealing with harry reid and in dealing with john boehner, or is he going to go down the same road? mcconnell's up for re-election. he's got to worry about a primary challenge, a general election challenge. i'm just saying, it is curious to me that mcconnell actually is not getting touched here. >> i agree with chuck. it's a bit of inside baseball, but cornyn getting promoted is an unbelievable thing given what happened. i'm a fan of john cornyn's, but his record in the senate race speaks for itself. and the fact that people are just saying yeah, let him move up, unbelievable. >> people inside the senate know that john cornyn did not want todd akin to win the primary. john cornyn did not want mourdock to win the primary. >> but some of his candidates did lose as well. david, you talk about the issues, health care and appealing, part of the comebac
i wonder if mitch mcconnell's approach was the right approach because that approach didn't work. that's my point here. and the question is, is mcconnell going to change his approach in negotiating and in dealing with the president and in dealing with harry reid and in dealing with john boehner, or is he going to go down the same road? mcconnell's up for re-election. he's got to worry about a primary challenge, a general election challenge. i'm just saying, it is curious to me that mcconnell...
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. >> spoke with the minority leader in the senate mitch mcconnell and he said we're willing to fix the tax rate, close the loopholes but i don't think they will bargain on raising the rates. i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the board spending cuts may be the only way we can get democrats to cut the budget. >> some out there in the financial markets they say look we need to cut four times more than the president is proposing under his $4 trillion plan. i'm curious your take why the president has been silent. i guess this is strategic. boehner gave an interview a press conference. he's giving a press conference tomorrow. earlier cnn was told the president won't say anything but tonight we heard he'll make a statement tomorrow. >> the election was two days ago. today is thursday. he'll make a statement tomorrow. markets are volati
. >> spoke with the minority leader in the senate mitch mcconnell and he said we're willing to fix the tax rate, close the loopholes but i don't think they will bargain on raising the rates. i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the...
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Nov 16, 2012
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the person who's taking a harder stance is mitch mcconnell. let's listen to what he says from the senate side. >> we don't happen to think the government needs more revenue. the government spends too much as it is. if democrats are willing to reduce spending and strengthen entitlement programs, which we all know are on an unsustainable path that threatens our own long-term viability and the economic well-being of our children and grandchildren, then we'll be there. what we won't do is raise tax rates. >> okay. so read the fine print. raise tax rates. now, there's a difference between raising tax rates and raising revenue, making people pay more by doing things which the republicans have suggested like, you know, capping loopholes or capping deductions, reducing deductions and that type of thing. so there is some type of room. right now, you know, you do have the sides going in a pretty hard position. >> the president's also under some pressure from his left flank. in the debt ceiling negotiations, a lot of people forget he seemed willing to tr
the person who's taking a harder stance is mitch mcconnell. let's listen to what he says from the senate side. >> we don't happen to think the government needs more revenue. the government spends too much as it is. if democrats are willing to reduce spending and strengthen entitlement programs, which we all know are on an unsustainable path that threatens our own long-term viability and the economic well-being of our children and grandchildren, then we'll be there. what we won't do is...
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Nov 11, 2012
11/12
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both boehner and mitch mcconnell said taxes will simply not go up, period. >> bu i think you're missing the second part of the sentence which is they're willing to consider new revenue. there are lots of ways, in that old expression, to skin a cat. i thought john boehner the other day was quite emphatic in saying we are open to new revenues under the right framework. dave gergen is absolutely correct. i think this is a two-step deal. i think it's too ambitious with too little time to get to the grand bargain in the so-called lame duck session of the congress. but i think you can scrape together enough to avoid sequestration and avoid the fiscal cliff or fiscal slope. remember, they have to come up with only about $100 billion. i know that sounds weird. but $100 billion to set that aside. between spending cuts and perhaps some loophole closures i think they can raise it. but you can't confuse that with a long-term deal. >> john podesta, does the math work, though, which is if you close deductions for the wealthy people can you raise enough revenue? i think that's the fundamental question
both boehner and mitch mcconnell said taxes will simply not go up, period. >> bu i think you're missing the second part of the sentence which is they're willing to consider new revenue. there are lots of ways, in that old expression, to skin a cat. i thought john boehner the other day was quite emphatic in saying we are open to new revenues under the right framework. dave gergen is absolutely correct. i think this is a two-step deal. i think it's too ambitious with too little time to get...
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Nov 10, 2012
11/12
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i think boehner and mitch mcconnell will say no increase in tax rate, 35% is it. i think the president will concede on that point. i think bainer and mcconnell will then accept the idea of cutting culling or capping the deductions each individual and the higher brackets can take, set a top limit on the deductions they can take and that will increase the revenue flow into the federal government. at the same time, the two congressmen, republicans, preserve the rates argument. they won't make all of their folks happy, but i think that's the deal in the works. >> greta: a couple of problems. number 1 is, the fact that -- today at least, i am always stunned when -- with the exception of senator tom coburn, i barely hear anyone talking about the tremendous amount of waste and fraud. we put up the example of the guy in the bathtub with the wine glass, which is a tiny, tiny bit, but it's representative of the mind-set here. no waste and frawpd fraud. they won't raise the tax rates, but when you do put caps on deductions, you are raising the effective rate. i mean, i guess
i think boehner and mitch mcconnell will say no increase in tax rate, 35% is it. i think the president will concede on that point. i think bainer and mcconnell will then accept the idea of cutting culling or capping the deductions each individual and the higher brackets can take, set a top limit on the deductions they can take and that will increase the revenue flow into the federal government. at the same time, the two congressmen, republicans, preserve the rates argument. they won't make all...
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Nov 10, 2012
11/12
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among those up in 2014, mitch mcconnell, lindsey graham, saxby chambliss -- if you are mitch mcconnell four years ago, but would have had unanimity that theh waas king of republican party in kentucky. there was not a contest for the leader. then 2010, he put every resources could, every attempt to keep randpaul from winning the republican nomination and failed miserably. if you are looking at this from mitch mcconnell's perspective, knowing that several other republicans who ran for senate this time would not promise going in that they would support mitch mcconnell. and you have the potential for a primary challenge in a party you no longer control. your willingness to compromise on some of these critical issues may be itself compromise. if you're john cornyn, you would have stayed out of the race for the republican nominations for the senate this time around but you sat back and watched as the very conservative and powerful lieutenant governor was beaten from one end of the state to the other in the primary by ted cruz because it was a moderate. and you have to be thinking that could
among those up in 2014, mitch mcconnell, lindsey graham, saxby chambliss -- if you are mitch mcconnell four years ago, but would have had unanimity that theh waas king of republican party in kentucky. there was not a contest for the leader. then 2010, he put every resources could, every attempt to keep randpaul from winning the republican nomination and failed miserably. if you are looking at this from mitch mcconnell's perspective, knowing that several other republicans who ran for senate this...
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Nov 16, 2012
11/12
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>> and mitch mcconnell -- >> and mitch mcconnell by the way. right. >> the president is in a different position now. re-elected by a pretty impressive margin than he was the last time he tried to forge a deal that collapsed. >> right. that was the debt ceiling. he had a real problem with that with the grand bargain. he also had after the 2010 midterms when he had a lame duck session of congress and he had to give on keeping the tax cuts for the wealthy. this is a president right now who believes he's got some leverage. he got re-elected. and these are republicans who are trying to figure out just who they are and what they stand for. and as you saw in the president's press conference earlier this week, he's somebody who studied the flaws of a second term. what he wants to do is make some progress without overreaching. it's very clear they're worried at the white house about doing some overreach here. if he can get a fiscal deal done, that will be very, very important for his legacy in the long-term. and he knows it. >> are the republicans opera
>> and mitch mcconnell -- >> and mitch mcconnell by the way. right. >> the president is in a different position now. re-elected by a pretty impressive margin than he was the last time he tried to forge a deal that collapsed. >> right. that was the debt ceiling. he had a real problem with that with the grand bargain. he also had after the 2010 midterms when he had a lame duck session of congress and he had to give on keeping the tax cuts for the wealthy. this is a...
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Nov 15, 2012
11/12
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CNN
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>> you always ask that question except to mitch mcconnell. >> oh, mitch mcconnell, the senate minority leader is 70 years old. nancy pelosi is 72. in the world of politics, age is kind of a skewed concept. average age of members of the house is 56. and of senators it's 62. i mean, paul ryan is thought of as a young gun. he's 42. that's eight years shy of being a card-carrying member of the aarp. ronald reagan was 69 when he first ran for president. many worried he was too old for the job until his famous quip during a debate. >> i will not make age an issue of this campaign. i am not going to exploit, for political purposes, my opponent's youth and inexperience. >> yes, reagan used age to his advantage. but seriously, how old is too old? remember senator strom thurman who commuted from walter reed to the capitol at the age of 100? his aides had to vote for him. of course, this argument isn't limited to the world of politics. ageism rages in the role world, too. how often have you heard those under 30 grumbling about those old guys sucking up all the jobs? so the talk back question of t
>> you always ask that question except to mitch mcconnell. >> oh, mitch mcconnell, the senate minority leader is 70 years old. nancy pelosi is 72. in the world of politics, age is kind of a skewed concept. average age of members of the house is 56. and of senators it's 62. i mean, paul ryan is thought of as a young gun. he's 42. that's eight years shy of being a card-carrying member of the aarp. ronald reagan was 69 when he first ran for president. many worried he was too old for...
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Nov 13, 2012
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and rand paul who is very close to mitch mcconnell who runs the republican party in the senate. he told us he's going to start pushing for more lax marijuana laws, going to start pushing for a pathway to citizenship on illegal immigration. he said that this tea party conservatism that brought him power and some fame needs to recalibrate too and they need to use this libertarian strain to start to reach out to people in cities, in the northeast, they can't be a one-region party. again, it's not just bobby jindal, it's across the board where you have prominent, influential republicans re-thinking what it means to a republican. and that is, i think that is the one silver lining for the republican party from the results last week. >> by the way, jim, that's a big, big silver lining. a big silver lining. this is a party, this wasn't a goldwater type wipeout. it was a couple of percentage points in the popular vote. you have a president whose campaign team was brilliant and they outmaneuvered the republicans tactically in nine states. no doubt, we were out of touch with voters on issu
and rand paul who is very close to mitch mcconnell who runs the republican party in the senate. he told us he's going to start pushing for more lax marijuana laws, going to start pushing for a pathway to citizenship on illegal immigration. he said that this tea party conservatism that brought him power and some fame needs to recalibrate too and they need to use this libertarian strain to start to reach out to people in cities, in the northeast, they can't be a one-region party. again, it's not...
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Nov 14, 2012
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. >> woodruff: senate minority leader mitch mcconnell sat down with the three confirmed additions to the republican conference. he said it was time to tackle the nation's problems. >> the country has extraordinarily difficult set of challenges facing us over the next couple of months. the election is behind us. we're ready to get started. >> woodruff: the most difficult of those challenges will be reaching a deal to avert a so-called fiscal cliff. starting january 1, some $500 billion in tax incrses will take effect with the expiration of the bush era tax cuts and the payroll tax holiday. at the same time automatic spending cuts will hit defense and domestic programs totaling $109 billion. the spending reductions were triggered when the congressional super committee failed to reach a broad deficit deal last year. that came after talks broan down between the president and house speaker john boehner. senator collins told the newshour today that she's optimistic lawmakers can still strike a deal and stave off the spending cuts. >> so this has to be done carefully. i think the president'
. >> woodruff: senate minority leader mitch mcconnell sat down with the three confirmed additions to the republican conference. he said it was time to tackle the nation's problems. >> the country has extraordinarily difficult set of challenges facing us over the next couple of months. the election is behind us. we're ready to get started. >> woodruff: the most difficult of those challenges will be reaching a deal to avert a so-called fiscal cliff. starting january 1, some $500...
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Nov 16, 2012
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today, the rhetoric was ratcheted up another notch as mitch mcconnell slammed the president's plan. to raise 1.6 trillion in tax increases over the next ten years. >> an opening bid of $1.6 trillion in new taxes just isn't serious. it's more than simpson bowles or more than any other commission has called for. it's twice as much as the white house seemed ready to agree to during last summer's debt ceiling talks. a joke. >> dick durbin joins me now. good to see you. it's a joke. what do you think? >>. >> i think senator mcconnell needs to take another look at the report. i severed on that commission. a reduction of $4 trillion came from revenue. it was in the range of $1.6 trillion. >> you talk about 1.6 trillion. there's ways to get there in ways that don't necessarily raise tax rates. you could cap deductions at $35,000 and have the estate tax go back to where it was and get $1.3 million. i'm simply making the point there's a loft ways to get there that don't involve raising tax rates. is that a compromise you'd ever consider? >> you're right, but i think what the president's tryin
today, the rhetoric was ratcheted up another notch as mitch mcconnell slammed the president's plan. to raise 1.6 trillion in tax increases over the next ten years. >> an opening bid of $1.6 trillion in new taxes just isn't serious. it's more than simpson bowles or more than any other commission has called for. it's twice as much as the white house seemed ready to agree to during last summer's debt ceiling talks. a joke. >> dick durbin joins me now. good to see you. it's a joke. what...
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Nov 15, 2012
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mcconnell? how does the president persuade them to lay down their pledges to grover norquist and commit to the nation? >> well, ultimately the president is not going to persuade them. ultimately the voters have to persuade them. i think john boehner and a few others in the republican party have got to tell eric cantor and paul ryan and michele bachmann and a lot of the tea partiers in that party, if you continue to insist that taxes are not going to be increased on the rich, we are not going to ever gain or regain control of the senate. we're going to lose control of the house in 2014, 2016. we're going to become a permanent minority party because it makes no sense to most americans. >> hit them where it hurts. professor robert reich, thank you. >>> next, how far will the president go in the showdown against john mccain. >>> but first, hampton pearson has the cnbc market wrap. good afternoon. >> good afternoon. we saw stocks move lower again on more wall street fears of going over the fiscal cli
mcconnell? how does the president persuade them to lay down their pledges to grover norquist and commit to the nation? >> well, ultimately the president is not going to persuade them. ultimately the voters have to persuade them. i think john boehner and a few others in the republican party have got to tell eric cantor and paul ryan and michele bachmann and a lot of the tea partiers in that party, if you continue to insist that taxes are not going to be increased on the rich, we are not...
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. >> on brightbart.com, mitch mcconnell piled on. i know some people out there think tuesday's results mean republicans in washington are now going to roll over and agree to democrat demands that we hike taxes before the end of the year. i'm here to tell them that there is no truth to that notion whatsoever, end quote. president obama campaigned on raising taxes of the wealthiest americans. his favorite line, we must all pay or faur shair share, even t taxing the wealthy won't solve the debt crisis. what does this all mean? we take our cue from "the prois price is right." that's right. because of this tire d argument we could fall off the much talked about fiscal cliff. we're waiting. cop on, mr. yodeler. we should have started this sooner. you get the picture. talk back today, should obama or republicans blink on taxes? facebook.com/carolcnn. facebook.com/carolcnn. your responses later this hour. >>> the ballots in florida not all counted yet. some of the races are coming down to the wire. will this act of florida's election history
. >> on brightbart.com, mitch mcconnell piled on. i know some people out there think tuesday's results mean republicans in washington are now going to roll over and agree to democrat demands that we hike taxes before the end of the year. i'm here to tell them that there is no truth to that notion whatsoever, end quote. president obama campaigned on raising taxes of the wealthiest americans. his favorite line, we must all pay or faur shair share, even t taxing the wealthy won't solve the...
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mcconnell thursday warned he would oppose any attempt to raise taxes. ahead of the talks, a group of lawmakers led by vermont senator bernie sanders called for a deficit reduction plan that would preserve benefits like social security. he spoke to the press conference on thursday. >> send a loud message to the leadership in the house and senate and president obama, do not cut social security. do not cut medicare. do not cut medicaid do not cut -- 2 q i do not often >> ronald reagan. "social security has nothing to do with the deficit. social security is totally funded by the payroll taxes levied on employer and employee. if you reduce the social security, that money would not go into the general fund to reduce the deficit." ronald reagan. >> texas congressmember and former republican presidential candidate ron paul has given his farewell speech to the house of representatives. and more than 45 minute address wednesday, he assessed his own legacy, blasted u.s. policy at home and abroad and posed a series of questions. >> why cannot people understand that
mcconnell thursday warned he would oppose any attempt to raise taxes. ahead of the talks, a group of lawmakers led by vermont senator bernie sanders called for a deficit reduction plan that would preserve benefits like social security. he spoke to the press conference on thursday. >> send a loud message to the leadership in the house and senate and president obama, do not cut social security. do not cut medicare. do not cut medicaid do not cut -- 2 q i do not often >> ronald reagan....
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mcconnell. stuart: they will be in that spot until the end of the year. another report on government race, the defense department spending $6 billion on nonmilitary research. projects in a million on things like jesus hating fictional space aliens and developing a rollup version. this is the defense department, this is the pentagon. >> we have always argued every corner of the government in every bureaucracy has government abuse in the finance department is not exempt of that. this is another example of out-of-control spending that has gotten $16.2 trillion. remember the stimulus spending, we were paying for things like shrimp, and now every week it seems you are all reporting more on these stories and they never learn. republicans a fiscal cliff conversations should be demanding serious spending cuts. >> i agree. this is our money, fiscal money, taxpayer dollars at work. stuart: more with the company next. @ stuart: time for the highliiht reel. all charles. stuart: mitt romney told his big dono
mcconnell. stuart: they will be in that spot until the end of the year. another report on government race, the defense department spending $6 billion on nonmilitary research. projects in a million on things like jesus hating fictional space aliens and developing a rollup version. this is the defense department, this is the pentagon. >> we have always argued every corner of the government in every bureaucracy has government abuse in the finance department is not exempt of that. this is...